Tax Cuts
POSTED BY: THGRRI
UPDATED: Thursday, April 17, 2025 01:12
VIEWED: 22355
PAGE 17 of 20
News said Chipolte gave their employees a $1,000 bonus check because of the Tax Reform improvements.
So these are bartenders, cooks, and waitresses, right?
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Anecdotal accounts are not necessarily true or reliable because they are based on personal accounts, rather than facts or research. While some here can post much anecdotal evidence, there is little hard facts that most, and not only a few will Truly benefit. Chipotle may have done this to garner support with customers. They lost of lot of them due to several food poisonings.
There are almost 28 million small businesses in the US and over 22 million are self employed with no additional payroll or employees (these are called nonemployers.
What did they get?
T 
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:They got a 2.7% - 3% raise, depending upon dependents and Marital Status. Which is a 4% - 5% increase in "take home" pay.
Originally posted by THGRRI:
Anecdotal accounts are not necessarily true or reliable because they are based on personal accounts, rather than facts or research. While some here can post much anecdotal evidence, there is little hard facts that most, and not only a few will Truly benefit. Chipotle may have done this to garner support with customers. They lost of lot of them due to several food poisonings.
There are almost 28 million small businesses in the US and over 22 million are self employed with no additional payroll or employees (these are called nonemployers.
What did they get?
T
Unless earning 150-240K, which would be more like 3.5% raise, or near 6% increase in take home pay.
Or if earning 240-350K, then closer to 4% raise, or near 7% increase in take home pay. And 4% of 300K is more than $1,000.
Try to keep up when the adults are talking, m'kay Pumpkin?
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:
Originally posted by JEWELSTAITEFAN:Quote:They got a 2.7% - 3% raise, depending upon dependents and Marital Status. Which is a 4% - 5% increase in "take home" pay.
Originally posted by THGRRI:
Anecdotal accounts are not necessarily true or reliable because they are based on personal accounts, rather than facts or research. While some here can post much anecdotal evidence, there is little hard facts that most, and not only a few will Truly benefit. Chipotle may have done this to garner support with customers. They lost of lot of them due to several food poisonings.
There are almost 28 million small businesses in the US and over 22 million are self employed with no additional payroll or employees (these are called nonemployers.
What did they get?
T
Try to keep up when the adults are talking, m'kay Pumpkin?
OR... Maybe this had something to do with those "raises"?
https://www.thrillist.com/news/nation/chipotle-prices-increase-nationw
ide-2018
CHIPOTLE HAS OFFICIALLY RAISED PRICES AT ALL ITS LOCATIONS
"Chipotle has had a rough couple years. Between the customers getting sick and the reviews calling its much-hyped attempt at queso a "crime against cheese," you'd think the burrito giant would be courting public approval like the protagonist of a late-'90s teen comedy. You'd be wrong though. Instead, Chipotle has just finished raising prices at all its locations.
The burrito empire has gradually rolled out the new price bump over the last year. Menu prices at 55% of the chain's over 2,200 locations were raised by 5% to 7% between April and November of 2017. Now, the final 45% of restaurants implemented the price hikes as of this week, mostly at locations in the Pacific, Northeast, Southeast, and Mid-Atlantic areas.
As a report by Business Insider explains, the change amounts to a $0.34 increase on a chicken burrito bowl, which should give you some perspective before you go writing to your congressperson or something. In the same report, Chipotle spokesman Chris Arnold said, “Even with the increase, Chipotle pricing remains very competitive within the category.” It's mostly the principle, though.
This comes not long after Founder and CEO Steve Ells, who'd been heading the company for close to 25 years, announced plans to step down as CEO.
If Chipotle wants to lure people back into its restaurants, this might not be the best look. But, hey, maybe some more free burrito or free chips and guac deals will help."
Like so many things attributed to Trump, it's mostly pure bullshit.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:I keep hearing about these Tax Reform Bonus Checks. From $1,000 to $4,000 as examples.
Originally posted by JEWELSTAITEFAN:
News said Chipolte gave their employees a $1,000 bonus check because of the Tax Reform improvements.
So these are bartenders, cooks, and waitresses, right?
Anybody know how these are working? Are the companies just issuing company wide bonuses, just because they are happy with Tax Reform?
Are the companies merely issuing one check for the January difference in the Employee's Tax withholding? The new Tax withholding tables for 2018 did not come out by the end of January, so the excessive withholding was still at the 2017 rate.
Or did companies issue the whole year's worth of reduced withholding in one shot, and then will continue with the 2017 withholding rate for the remainder of 2018?
Does anybody know exactly what this is about? Are all of these reported companies doing the same thing, or variations?
I'm wondering if a $1,000 bonus check is for an employee getting a Tax Reform pay raise of $12,000 for the year, or $8,000/yr? Or only $1,000 increase per year? Or is it unrelated to annual wages?
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
I haven't heard anything at all about these bonus checks you're talking about. You'll have to provide some links.
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
The more I think of that the less I even understand what you're getting at. If an employee was getting a "pay raise" from a tax break, why would the company they work for give them more? I'm not getting your connection here.
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:you sound like you are repeating my question. I'm not getting the exact connection either.
Originally posted by 6IXSTRINGJACK:
The more I think of that the less I even understand what you're getting at. If an employee was getting a "pay raise" from a tax break, why would the company they work for give them more? I'm not getting your connection here.
Do Right, Be Right. :)
Use DuckDuckGo to search "Tax Reform bonus checks" - many hits, some say 40 companies have, other hits say 170 companies have.
Maybe also search "Tax Reform windfall"
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:Did you make any progress?
Originally posted by JEWELSTAITEFAN:Quote:you sound like you are repeating my question. I'm not getting the exact connection either.
Originally posted by 6IXSTRINGJACK:
The more I think of that the less I even understand what you're getting at. If an employee was getting a "pay raise" from a tax break, why would the company they work for give them more? I'm not getting your connection here.
Do Right, Be Right. :)
Use DuckDuckGo to search "Tax Reform bonus checks" - many hits, some say 40 companies have, other hits say 170 companies have.
Maybe also search "Tax Reform windfall"
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Nah. The company I work for isn't doing it, and I don't personally know anybody who is benefiting from this supposed thing. I think it's just fake news.
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME